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MetLife (MET) Stock Slides, Q2 Earnings Miss Estimates

NEW YORK (TheStreet) -- Shares of MetLife (MET) were falling 9.06% to $39.38 in late-morning trading on Thursday after the life insurance company reported earnings that came in below analysts' expectations for the 2016 second quarter.

After yesterday's market close, the New York-based company said it had operating earnings of 83 cents per share. Analysts were looking for earnings of $1.35 per share.

During the same quarter last year, MetLife earned $1.56 per share.

Revenue dropped 6% to $15.24 billion...


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